FY2025 Earnings Forecast for V2X Issued By Noble Financial

V2X, Inc. (NYSE:VVX - Free Report) - Equities researchers at Noble Financial raised their FY2025 earnings estimates for shares of V2X in a research note issued to investors on Tuesday, May 6th. Noble Financial analyst J. Gomes now anticipates that the company will post earnings per share of $4.69 for the year, up from their prior estimate of $4.62. The consensus estimate for V2X's current full-year earnings is $4.16 per share.

VVX has been the subject of several other research reports. Citigroup began coverage on shares of V2X in a report on Tuesday, January 21st. They set a "buy" rating and a $64.00 target price for the company. Raymond James cut their price objective on shares of V2X from $65.00 to $60.00 and set an "outperform" rating for the company in a report on Tuesday, February 25th. Royal Bank of Canada cut their price objective on shares of V2X from $58.00 to $54.00 and set a "sector perform" rating for the company in a report on Tuesday, February 25th. Truist Financial cut their price objective on shares of V2X from $68.00 to $55.00 and set a "buy" rating for the company in a report on Monday, April 14th. Finally, Morgan Stanley began coverage on shares of V2X in a report on Wednesday, April 16th. They issued an "underweight" rating and a $51.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, V2X currently has a consensus rating of "Moderate Buy" and a consensus target price of $63.67.

V2X Stock Performance

Shares of V2X stock traded up $0.88 during trading on Thursday, hitting $52.29. 76,684 shares of the company's stock were exchanged, compared to its average volume of 188,176. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.08 and a current ratio of 1.08. The business has a 50-day simple moving average of $49.00 and a 200-day simple moving average of $51.99. V2X has a 52-week low of $41.08 and a 52-week high of $69.75. The stock has a market capitalization of $1.66 billion, a price-to-earnings ratio of 186.76, a PEG ratio of 0.61 and a beta of 0.27.

V2X (NYSE:VVX - Get Free Report) last issued its earnings results on Monday, May 5th. The company reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.06. V2X had a net margin of 0.22% and a return on equity of 13.49%. The firm had revenue of $1.02 billion during the quarter, compared to analysts' expectations of $1.04 billion. During the same quarter last year, the company posted $0.90 earnings per share. The firm's revenue was up .5% compared to the same quarter last year.

Institutional Trading of V2X

Several institutional investors have recently modified their holdings of the stock. Ethic Inc. grew its position in shares of V2X by 8.9% in the first quarter. Ethic Inc. now owns 9,999 shares of the company's stock valued at $488,000 after purchasing an additional 821 shares during the period. Nuveen LLC acquired a new stake in V2X in the 1st quarter valued at about $19,753,000. Invesco Ltd. raised its holdings in V2X by 2.4% in the 1st quarter. Invesco Ltd. now owns 231,744 shares of the company's stock valued at $11,367,000 after acquiring an additional 5,439 shares during the last quarter. Swiss National Bank raised its holdings in V2X by 21.3% in the 1st quarter. Swiss National Bank now owns 33,600 shares of the company's stock valued at $1,648,000 after acquiring an additional 5,900 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in V2X by 21.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 172,685 shares of the company's stock valued at $8,470,000 after acquiring an additional 30,800 shares during the last quarter. Institutional investors and hedge funds own 95.18% of the company's stock.

About V2X

V2X, Inc provides critical mission solutions and support services to defense clients worldwide. It offers a suite of integrated solutions across the operations and logistics, aerospace, training, and technology markets to national security, defense, civilian, and international clients. The company was incorporated in 2014 and is headquartered in Mclean, Virginia.